The Israel-based company WalkMe (NASDAQ:WKME) is a major developer of digital adoption solutions. It has carved out a place for itself in the Software as a Service (SaaS) market. The company offers a cloud-based code-free digital adoption platform (DAP) that provides users with in-software instructions to help them achieve their digital transformation goals. The company's products save support center expenses while also improving the end user's experience and productivity. WalkMe, which was founded in 2012, went public on June 15 and began trading on the NASDAQ on June 16. With a market capitalization of $1.6 billion, WalkMe stock has lost about 35% of its value since its IPO.
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WalkMe (NASDAQ:WKME)
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